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Estimates of a firm's returns revealed that 8 of the firm was 1.23, and the historical average market return over the past 5 years has
Estimates of a firm's returns revealed that 8 of the firm was 1.23, and the historical average market return over the past 5 years has been 6.250%, and the current risk-free rate is 3.28%. What is the expected return of this stock based on the Capital Asset Pricing Model (CAPM) a. 10.968% b. 3.653% c. 6.933% d. 6.250%
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